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Oxford Files Form 15

OXIHF

Oxford Files Form 15


Toronto, Ontario (FSCwire) - Due to recent changes in the OTC Markets, Oxford Investments Holdings Inc. (OTCQB: OXIHF) has filed a Form 15 with the Securities and Exchange Commission (SEC) to voluntarily de-register from the SEC. Oxford has always maintained good standing with the SEC during its 14-year history. The recent OTC Markets reporting changes enable many small companies such as Oxford to greatly reduce often crippling annual accounting and legal expenses related to their regulatory filings as public companies, while still providing current public information to investors and the marketplace. The Company will post its financial statements on the Oxford website and will continue to uphold its responsibilities as a public company to keep shareholders informed of material events when they occur. 

In recent months Oxford initiated a number of changes in its credit card processing strategy to accelerate growth in transactional commission revenue in a more seamless and operationally proficient manner. The Company is now processing transactions with four major Chinese processors, and has vastly improved its competitiveness.

“While we have experienced a great deal of growing pains during the past few years in getting our operations functioning the way we would expect, revenues have been relatively consistent but nowhere near what we would have liked to see. During the past few months we have managed to incrementally increase revenue by 20% despite these hurdles. We are now very competitive in the rates we can offer, which is helping to attract more customers and enable us to receive more MIDs from the banks.” stated Michael Donaghy, President of Oxford. “Once our strategy is fully implemented, and most of the operational challenges are behind us, we expect revenues resulting from this improved structure to increase significantly over the next fiscal year.“

About Oxford Investments Holdings Inc.

Oxford Investments Holdings Inc. is establishing itself as a leading payment solutions provider. The Company acts as a third-party processor, directing online merchants who require credit card processing to the company’s network of processors whose payment gateways are integrated into a number of banks in China. Oxford earns commission revenues from the processors, while minimizing its infrastructure requirements and overhead costs. Oxford, through its partner, Koho Group, has also established relationships in the Chinese financial and electronic payments industries.

FORWARD LOOKING STATEMENTS DISCLAIMER:

Statements in this press release, which are not historical, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company's financial condition and prospects, legal risks associated with product liability and risks of governmental legislation and regulation, risks associated with market acceptance and technological changes, risks associated with dependence on suppliers, risks relating to international operations, risks associated with competition and other risks detailed in the Company's filings with securities regulatory authorities. These risks may cause results to differ materially from those projected in the forward-looking statements.

This release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be a sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification of such securities under the laws of any such jurisdiction. This press release was accurate at the time it was issued but may not reflect the Company's current strategy or product offerings.

Contacts:

Oxford Investments Holdings Inc

Michael Donaghy 1-800-293-4871

Website: www.oxsof.com


To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/oxford07282014.pdf
Source: Oxford Investment Holdings Inc. (OTCQB:OXIHF) http://www.oxsof.com/

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